I’m getting started again and finally got everything together. Here’s the nuts and bolts, please tear this apart and provide any constructive criticism on things I may have left out:
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Marketing to Lispendens: direct mail, door knocking, etc.
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Homeowner calls my simple voicemail box which tells them to leave a message and they’ll be contacted shortly.
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Setup appointment with homeowner, bring all my documents which include BOTH:
a) Options contract
b) Deed and Power of Attorney -
I’ll either have a notary with me to notarize select documents or we’ll go to a notary to get it done.
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The buyer on these documents will either be my cousin or his LLC (he is not a real estate agent).
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Once documents are collected from homeowner, they’ll be submitted to bank.
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The property will then be listed on the MLS by the B-buyer, or in this case my cousin, since he has the deed and POA in his hands (not yet recorded though).
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Once bank approves the offer, we’ll arrange to have it closed all cash by my cousin and then resold to the end buyer via the options contract.
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Thee end.
What am I missing? What can I do to make it better?